Machinery Having Individual Functions in Malaysia

2019
Exports | Imports
: $2.4B | $1.92B, World Rnk 11 / 222
Flag Rnk 14 / 1201 | World Rnk 17 / 224
Flag Rnk 13 / 1208

2019
Destination | Origin
: $800M | $448M, Singapore | Singapore

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $59M | $39.9M, Thailand |  China

2019
ECONOMIC COMPLEXITY of Malaysia
: 1.16, Rnk 24 / 157

2019
PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 2.05, Rnk 8 / 1029

Exports: In 2019, Malaysia exported $2.4B in Machinery Having Individual Functions, making it the 11th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 14th most exported product in Malaysia. The main destination of Machinery Having Individual Functions exports from Malaysia are: Singapore ($800M), United States ($266M), China ($207M), Thailand ($163M), and Indonesia ($159M).

The fastest growing export markets for Machinery Having Individual Functions of Malaysia between 2018 and 2019 were Thailand ($59M), Indonesia ($18.7M), and Chinese Taipei ($14.4M).

Imports: In 2019, Malaysia imported $1.92B in Machinery Having Individual Functions, becoming the 17th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 13th most imported product in Malaysia. Malaysia imports Machinery Having Individual Functions primarily from: Singapore ($448M), China ($405M), Japan ($344M), Germany ($161M), and United States ($157M).

The fastest growing import markets in Machinery Having Individual Functions for Malaysia between 2018 and 2019 were China ($39.9M), Belgium ($3.27M), and Canada ($3.09M).

Overview: In September 2020 Malaysia's Machinery Having Individual Functions exports accounted up to N/A486M and imports accounted up to N/A506M, resulting in a negative trade balance of N/A20M. Between September 2019 and September 2020 the exports of Malaysia's   Machinery Having Individual Functions have increased by N/A65.6M (15.6%) from N/A420M to N/A486M, while imports decreased by N/A-34.6M (-6.4%) from N/A540M to N/A506M.

Destinations: In September 2020 Machinery Having Individual Functions exported mostly to Singapore (MYR169M), United States (MYR111M), Indonesia (MYR31M), China (MYR25.7M), and Thailand (MYR18.9M), and imported mostly from Germany (MYR160M), Japan (MYR102M), China (MYR87.1M), Singapore (MYR30M), and United States (MYR29.9M).

Growth: In September 2020, the increase in Machinery Having Individual Functions's year-by-year exports was explained primarily by an increase in exports to United States (MYR79.1M or 249%), Singapore (MYR10.4M or 6.55%), and Vietnam (MYR10.4M or 136%). In September 2020, the decrease in Machinery Having Individual Functions's year-by-year imports was explained primarily by a decrease in imports from China (MYR-53.8M or -38.2%), United States (MYR-45.8M or -60.5%), and Singapore (MYR-29.6M or -49.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (September 2019 - September 2020): N/A65.6M, (15.6%)

IMPORT GROWTH (September 2019 - September 2020): N/A-34.6M, (-6.4%)

MAIN DESTINATION (September 2020): Singapore, MYR169M

This section shows Machinery Having Individual Functions's exports and imports data at subnational level for Malaysia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Machinery Having Individual Functions over time.

Value

EXPORTS (2019): $2.4B

IMPORTS (2019): $1.92B

NET TRADE (2019): $483M

In 2019, Malaysia exported $2.4B in Machinery Having Individual Functions. The main destinations of Malaysia exports on Machinery Having Individual Functions were Singapore ($800M), United States ($266M), China ($207M), Thailand ($163M), and Indonesia ($159M).

In 2019, Malaysia imported $1.92B in Machinery Having Individual Functions, mainly from Singapore ($448M), China ($405M), Japan ($344M), Germany ($161M), and United States ($157M).

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IN 2019, Malaysia HAD A POSITIVE NET TRADE IN Machinery Having Individual Functions WITH:

IN 2019, Malaysia HAD A NEGATIVE NET TRADE IN Machinery Having Individual Functions WITH:

Flow

THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Malaysia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Malaysia WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, Malaysia's main exporting competitors in Machinery Having Individual Functions were:

In 2018, Malaysia's main importing competitors in Machinery Having Individual Functions were:

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Tariffs by Country

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In 2016, the tariffs for Machinery Having Individual Functions in the imports of Malaysia were of 0% around the world.

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